Parag Milk Foods
Parag Milk Foods Q3 result: Net profit rises 5.59% to 36.07 crore
Parag Milk Foods Ltd on Friday posted 5.59 per cent increase in consolidated net profit at Rs 36.07 crore for third quarter of 2024-25 on higher sales. The company had logged a net profit of Rs 34.16 crore in the year-ago period. Total income rose to Rs 890.75 crore from Rs 806.69 crore in the year-ago period. Expenses remained higher at Rs 853.09 crore as against Rs 773.93 crore. Parag Milk Foods Chairman Devendra Shah said, "Our highest-ever delivery in Q3 leveraging strong festive demand is a testimonial to the increasing preference for premium dairy offerings and our ability to meet evolving consumer needs." The company is focused on strengthening the supply chain, expanding reach through new-age distribution channels, and driving product innovation to offer superior nutrition solutions, he said.
 "Parag Milk Foods Q3 result: Net profit rises 5.59% to 36.07 crore")
Milk price rise: Will dairy stocks milk gains for investors? Analysts weigh
Analysts believe the momentum in dairy stocks such as Dodla Dairy, Heritage Foods, Hatsun Agro is here to stay
 "Milk price rise: Will dairy stocks milk gains for investors? Analysts weigh")
Parag Milk Foods appoints Rahul Kumar Srivastava as chief operating officer
Rahul Kumar Srivastava's presence is poised to be instrumental in Parag Milk Foods' journey toward a new era of leadership and growth, said the company in a BSE filing
 "Parag Milk Foods appoints Rahul Kumar Srivastava as chief operating officer")
Dairy products' stocks rally post Hatsun Agro's Q1 results; Dodla zooms 20%
The industry is likely to benefit from the much-anticipated flush season during October-November 2023
 "Dairy products' stocks rally post Hatsun Agro's Q1 results; Dodla zooms 20%")
Parag Milk soars 15%; hits 52-week high after pvt fund buys stake
Sixth Sense India Opportunities III acquired over 200,000 shares of the company via the open market.
Ease in margins seen from Q4 for dairy cos; stay stock selective: Analysts
Dairy stocks: Analysts see the benefits of price hikes to begin accruing from the March quarter onwards, while the financial year 2023-24 (FY24) will be a steady year for the industry's margins
 "Ease in margins seen from Q4 for dairy cos; stay stock selective: Analysts")
Parag Milk Foods slips 12%, stock hits 52-week low as Q4 loss widens
For the financial year 2021-22, Parag Milk Foods reported a loss of Rs 532.50 crore, due to one-time write down of Rs 509.50 crore.
Amul price hike: What does this mean for dairy-related stocks?
The price hike may spark a bullish rally in dairy-related stocks like Hatsun Agro Product, Heritage Foods and Parag Milk Foods indicate charts.
 "Amul price hike: What does this mean for dairy-related stocks?")
Parag Milk gains on securing PLI nod for Category 1 of mozzarella cheese
Parag Milk Foods, through the PLI application on June 15, 2021, had received an approval for sales-based incentive for mozzarella cheese product for the period 2021-27
Parag Milk Foods third quarter net profit dips 59% to Rs 11.21 crore
Dairy company Parag Milk Foods on Friday reported a 59.35 per cent decline in net profit to Rs 11.21 crore for the third quarter ended December 2020
 "Parag Milk Foods third quarter net profit dips 59% to Rs 11.21 crore")
Parag Milk Foods up 7% on launching a new product in its premium category
The profit margins of dairy companies are expected to increase in the September quarter after a sharp contraction in the March and June quarters.
Promoters want to raise stake in Parag Milk Foods to 51% in few months
The promoters had also pledged 36% of their overall shareholding in the company, of which, 31% has been repaid to lenders
Parag Milk Foods surges over 14% as promoter increases holding
In the past month, the stock has underperformed the market by falling 19 per cent on weak set of September quarter (Q2FY20) results
 "Parag Milk Foods surges over 14% as promoter increases holding")
Parag Milk Foods hits record low, tanks 38% in one month on weak Q1 results
The stock was down 5 per cent to Rs 161 on the BSE, its lowest level since listing on May 19, 2016.
 "Parag Milk Foods hits record low, tanks 38% in one month on weak Q1 results")
Pune-based Parag to sell premium cow milk in Delhi, NCR at Rs 120/litre
The company sells 34,000 litres of premium cow milk to customers in Mumbai, Pune and Surat, he added.
Parag Milk Foods surges 8% on strong Q1 results
The stock surged 8% to Rs 344 on the BSE in intra-day trade after the company reported 169% year on year growth in consolidated net profit at Rs 283 million in June quarter.
 "Parag Milk Foods surges 8% on strong Q1 results")
Parag Milk Foods hits 52-week high post Q4 results
The stock hit a 52-week high of Rs 327, up 7% on the BSE in intra-day trade, after the company reported 18% YoY growth in its consolidated net profit at Rs 262 million in March quarter.
Parag gets ready for pan-Indian dairy play after acquiring Danone facility
Managing two sets of supply chains - for milk and for milk-based value-added products - over a wider market will be a big challenge
Parag Milk Foods acquires Danone's manufacturing facility at Sonipat
Parag Milk Foods total revenue in 2017-18 stood at Rs 17.3 billion
 "Parag Milk Foods acquires Danone's manufacturing facility at Sonipat")
Parag Milk Foods up 6% on tie-up with Taj Group
The stock moved higher by 6% to Rs 260 on the BSE in noon deal after the company tie-up with Taj Group to supply its products on international flights
